BofA Tracked Credit and Debit Spending By Generation—How Do You Stack Up?

BofA Tracked Credit and Debit Spending By Generation—How Do You Stack Up?

Key Takeaways U.S. card spending per household rose 2.4% year over year in October and 0.3% from the previous month (the fifth straight increase), with payments for services leading the way. Older Americans are driving more of the growth, with Boomers outpacing younger groups in card-spending growth. The number of retail transactions has dropped since […]

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